US Fed FOMC meeting: Powell’s speech live time, date, expectations and where to watch it

The US Federal Reserve has opened its two-day meeting of the Federal Open Market Committee (FOMC), where policymakers will decide on the interest rate for the world’s largest economy. The outcome of the meeting will be announced on Wednesday.At the previous review in October, the Fed cut rates by 25 basis points, reducing the target federal funds range to 3.75%–4.00%. Markets worldwide are now waiting to see whether Chairman Jerome Powell and the committee will continue on this easing path. Any shift in US interest rates tends to affect financing costs and capital flows in other major economies.

Important dates and announcement time

The December FOMC meeting began on Tuesday, December 9, 2025 and will end on Wednesday, December 10, 2025. Once deliberations are completed, the Fed will release its policy decision and any changes to the benchmark interest rate. The announcement is scheduled for 2:00 PM EDT in the US, which corresponds to 12:30 AM IST – an hour later than normal because America is on daylight saving time (DST).

Powell’s press conference

Fed Chairman Jerome Powell will address the media at 2:30 PM EDT, shortly after the policy release. His comments will cover the committee’s decision, the economic assessment and the central bank’s forward-looking stance.

What can we expect? Investor expectations remain skewed toward another quarter-point interest rate cut. As of December 10, the CME FedWatch Tool’s market pricing reflected an 87.6% probability of a cut – slightly below previous estimates, but still a sign of strong conviction in the outcome, according to a Red94 report.

If the Fed opts for another cut, the federal funds rate would shift from the current range of 3.75%–4.00% to 3.50%–3.75%. This would mark the third consecutive 25 basis point cut, following similar moves in September and October, and would underline a shift towards a more assertive easing phase after an extended period of elevated interest rates through 2024 and early 2025.

Where can you watch Jerome Powell’s speech?

Investors will be able to watch Jerome Powell’s speech from the press conference via the official livestreaming on the official website of the US Federal Reserve: https://www.federalreserve.gov/

You can also check out the US Federal Reserve’s official YouTube channel for a live broadcast of Powell’s speech on Wednesday. View the direct link here: https://www.youtube.com/federalreserve